Nuveen Nasdaq 100 Etf Price To Sales
QQQX Etf | USD 26.38 0.26 1.00% |
Nuveen NASDAQ 100 fundamentals help investors to digest information that contributes to Nuveen NASDAQ's financial success or failures. It also enables traders to predict the movement of Nuveen Etf. The fundamental analysis module provides a way to measure Nuveen NASDAQ's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nuveen NASDAQ etf.
Nuveen |
Nuveen NASDAQ 100 ETF Price To Sales Analysis
Nuveen NASDAQ's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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Based on the latest financial disclosure, Nuveen NASDAQ 100 has a Price To Sales of 0.0 times. This indicator is about the same for the Financial Services average (which is currently at 0.0) family and about the same as Asset Management (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Nuveen Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nuveen NASDAQ's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Nuveen NASDAQ could also be used in its relative valuation, which is a method of valuing Nuveen NASDAQ by comparing valuation metrics of similar companies.Nuveen NASDAQ is currently under evaluation in price to sales as compared to similar ETFs.
Nuveen Fundamentals
Shares Outstanding | 43.24 M | ||||
Shares Owned By Institutions | 21.25 % | ||||
Number Of Shares Shorted | 560.4 K | ||||
Price To Earning | 4.69 X | ||||
Short Ratio | 3.27 X | ||||
Earnings Per Share | 5.06 X | ||||
Number Of Employees | 13 | ||||
Beta | 1.07 | ||||
Market Capitalization | 717.78 M | ||||
Total Asset | 213.21 M | ||||
Retained Earnings | (75.02 M) | ||||
Annual Yield | 0.02 % | ||||
Year To Date Return | 23.44 % | ||||
One Year Return | 27.65 % | ||||
Three Year Return | 6.47 % | ||||
Five Year Return | 11.87 % | ||||
Last Dividend Paid | 1.97 |
About Nuveen NASDAQ Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nuveen NASDAQ 100's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nuveen NASDAQ using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nuveen NASDAQ 100 based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Nuveen Etf
Nuveen NASDAQ financial ratios help investors to determine whether Nuveen Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nuveen with respect to the benefits of owning Nuveen NASDAQ security.